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This particular Assignment references the syllabus chosen for the subject of Economics, for the July 2020 - January 2021 session. The code for the assignment is MECE-03 and it is often used by students who are enrolled in the MA Degree.
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1) State and explain the significance of ‘convergence and limit laws’.
2) Discuss the various aspects of insurance sector that are regulated.
3) Explain the elements of ‘interest calculation’ with examples.
4) What is a ‘life annuity contract’? How is its ‘actuarial present value’ determined?
5) Write a note on ‘international actuarial notations’.
6) State the key components of ‘extreme value theory (EVT)’ with a particular reference to the ‘generalised extreme value (GEV) distribution’.
7) What are ‘non-catastrophic losses’? How is the ‘total loss amount’ in respect of such a loss determined?
This section carry 20 marks each (to be answered in about 500 words each).
This section carry 12 marks each (to be answered in about 300 words each).
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